Fast Company’s annual “Most Innovative Companies” issue honoring leading businesses, including Apple, Amazon, Google and Target along with such rising newcomers as Square, Fab and Tumblr., has included Ford Motor Co. as the only full-line automaker named to the 2013 list.
By Aida Sevilla Mendoza
By the end of this year, the $270-million Ford Motor Co. assembly plant in Santa Rosa, Laguna, will shut down after the last locally assembled Ford Escape rolls out. The announcement last June by Ford Group Philippines (FGP) about the closure of its manufacturing facility led some people to think that Ford is abandoning the country again like it did in 1985.
By Tom Krisher
A manufacturing problem at a company that makes fuel lines forced Ford to recall thousands of its brand-new Escape small SUVs and tell owners to stop driving them right away.